JLL is pleased to exclusively present an opportunity to acquire two high yielding shopping centres, The Plaza @ Emerald, Emerald in Queensland and Riverdale Shopping Centre, Dubbo in New South Wales.
The investment opportunity is being formally offered individually or in-one-line via an Expressions of Interest (‘EOI’) campaign closing 4pm (AEST) Wednesday 17 April 2019.
Key Investment Highlights of The Plaza @ Emerald, QLD include:
• Strong and sustained MAT growth from the only Coles Supermarket (Exp. 2027) within the expansive main trade area
• Supported by Target Country, Snap Fitness and also non-discretionary specialty which play an important role in the Emerald Town Centre
• Prominent 20,790sqm site along the Capricorn Highway with a substantial 321 parking bays* (4.96 bays per 100sqm GLA)
• Secured by a WALE of 5.5 years* by GLA, the centre benefits from a young and affluent main trade area with household income 27% greater than the Non Metro QLD average^
• Fully leased net income of $1,505,000p.a.* as at 30 June 2019
^ Location IQ